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Part-time jobs put millions in poverty or close to it
Seven million Americans are stuck in part-time jobs. They are unable to get full-time work and the benefits and stability that come with it. It's a constant struggle for these families and a worrying sign for America's recovery. CNN
Submitted 2 years 94 days ago

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Hollywood finds new home in Georgia
If you haven’t noticed, Georgia has become a hotbed for the film industry in recent years. Movies studios and sound stages are popping up in all areas of the state, and there’s no sign of the industry slowing down any time soon. Covnews.com
Submitted 2 years 94 days ago

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Entities sign agreement for possible new industry
A new industry that could employ 125 people may be on the way to the LaGrange Industrial Park. A memorandum of understanding, or MOU, among the Development Authority of LaGrange, Troup County Board of Education, Troup County Board of Tax Assessors and unnamed company would allow the company to setup a distribution center as a payment in lieu of taxes - or PILOT - project in the LaGrange industrial park. The public entities - Development Authority, Board of Education and Board of Tax Assessors - have signed off on the project. Lagrangenews.com
Submitted 2 years 94 days ago

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Virginia LGBT Tourism Task Force
Governor Terry McAuliffe is looking at ways to increase tourism in Virginia including the creation of a tourism task-force focused on bringing LGBT tourism to the state. Newsplex.com
Submitted 2 years 94 days ago

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Batson-Cook Breaks Ground on $36M Service Center for Blue Cross Blue Shield of Georgia
COLUMBUS, GA. — Batson-Cook Construction has broken ground on a high-tech, flagship service center for Blue Cross Blue Shield of Georgia (BCBSGA) in Columbus. The $36 million, 245,000-square-foot property will house up to 2,000 associates upon its completion in the third quarter of 2015. The three-story building will be located in Muscogee Technology Park. Rebusinessonline.com
Submitted 2 years 94 days ago

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How Suburban Sprawl, Inadequate Transit Worsen Unemployment
Recently laid-off workers who live far from job centers take longer to find replacement employment than do residents of neighborhoods more convenient to jobs by public transit or car. So says new, meticulously thorough research published by the U.S. Census. Sustainablecitiescollective.com
Submitted 2 years 94 days ago

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Mike Beebe Defends Plan To Pardon Son For Drug Charge
LITTLE ROCK, Ark. (AP) — Arkansas Gov. Mike Beebe is defending his plans to pardon his son for a 2003 marijuana conviction, saying he's receiving the same type of second chance hundreds of other nonviolent offenders have had. Huffington Post
Submitted 2 years 94 days ago

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Who Won The Civil War? Tough Question
The old joke used to be: Who is buried in Grant's tomb? Now it's not so funny anymore. Recently PoliTech, a group of politically engaged students on the campus of Texas Tech University, posted a video titled "Politically Challenged Texas Tech Edition" in which they quiz contemporary students about history and politics. gpb.org
Submitted 2 years 94 days ago

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Hyundai Motor Group takes a bold step on clean transportation
The Hyundai Motor Group has become more aggressive on clean transportation. Last week, the organization’s chairman, Chung Mong-Koo, had tasked its subsidiary automakers, Hyundai and Kia, to improve the fuel efficiency of their vehicles by 25% by 2020. Both Hyundai and Kia have announced plans to expand their current offering of highly-efficient vehicles from seven to more than 22 over the next six years. These companies will be focusing on developing vehicles that use batteries and hydrogen fuel cells, as well as producing hybrid vehicles. Hydrogenfuelnews.com
Submitted 2 years 94 days ago

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OUT to LUNCH
The Randle Report is breaking for lunch and making way for a new editor shift. Click on the headline above to access Southern Business & Development's Web site for more detailed information on economic development in the South. Posts will resume at 1:30 pm CDT.
Submitted 2 years 94 days ago

 

 

 

Features & Opinion

 Randle Report - Business News in the South

For those who still languish over "losing to China" or believe that the economy is still in recession, wake up and smell the data. Economic development in the South was about as good as it gets in calendar year 2015 according to the data. And as for China, borrowing a quote from the late football coach Bear Bryant that he made in the half-time locker room down 15-0 to Georgia Tech in 1960, "We got 'em right where we want 'em." For those of you who don't know the rich history of Alabama Crimson Tide football, Bama scored all of its 16 points in the fourth quarter, kicking a field goal on the last play of the game to beat Tech 16-15.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
Today, factories in the U.S. make twice as much product as they did in 1984. And they are doing it with one-third of the manufacturing workforce. In fact, the output of durable goods in 2015 was the highest in the nation's history. So, we do have a strong manufacturing base, at least in the South, much of the Midwest and parts of the West, and it is getting stronger because on a cost-basis, we can compete with any major manufacturing nation in the world.  
 

 Randle Report - Business News in the South

FEATURE     
The argument for or against a minimum wage hike continues between the reds and the blues, as well as within the economic development community in the South. Should we stay the course with a minimum wage under $8 an hour to better compete with Mexico, the South's biggest competitor for jobs, or set a minimum wage just over $10 an hour, a wage floor most centrists support? That $10 per hour is, according to the MIT Living Wage Calculator, about right in most states in the South for one adult to be able to cover basic expenses plus all relevant taxes.
 
 Randle Report - Business News in the South
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
 


 

 

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